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According to Yonhap News Agency and “Korea Economy” on the 2nd, South Korean President Lee Jae-myung delivered a policy address on the 2027 budget at the National Assembly on the same day. The total amount of this budget is about 821 trillion won, a record high. China's defense budget plans to increase 8.2% year over year, breaking 70 trillion won for the first time. Lee Jae-myung said that South Korea will aim for autonomous defense, strengthen the construction of core equipment, and use technologies such as artificial intelligence, robots, and drones to accelerate the transformation to an intelligent elite military. According to the “Kyunghyang News” report, initial work such as nuclear submarine design and research was allocated 100 billion won for the first time; the KF-21 fighter mass production budget increased from 1.4 trillion won to 3.3 trillion won this year; and the budget for the construction of a manned and unmanned cooperative combat system increased from 800 billion won to 1.2 trillion won. According to Korean media analysis, Lee Jae-myung's proposal to increase investment in defense was intended to respond to concerns about the security situation and showed determination to speed up preparations for the handover of wartime combat command.

Zhitongcaijing·11/03/2026 00:17:11
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According to Yonhap News Agency and “Korea Economy” on the 2nd, South Korean President Lee Jae-myung delivered a policy address on the 2027 budget at the National Assembly on the same day. The total amount of this budget is about 821 trillion won, a record high. China's defense budget plans to increase 8.2% year over year, breaking 70 trillion won for the first time. Lee Jae-myung said that South Korea will aim for autonomous defense, strengthen the construction of core equipment, and use technologies such as artificial intelligence, robots, and drones to accelerate the transformation to an intelligent elite military. According to the “Kyunghyang News” report, initial work such as nuclear submarine design and research was allocated 100 billion won for the first time; the KF-21 fighter mass production budget increased from 1.4 trillion won to 3.3 trillion won this year; and the budget for the construction of a manned and unmanned cooperative combat system increased from 800 billion won to 1.2 trillion won. According to Korean media analysis, Lee Jae-myung's proposal to increase investment in defense was intended to respond to concerns about the security situation and showed determination to speed up preparations for the handover of wartime combat command.